Income volatility is linked to lower levels of financial knowledge and capability, often leading people to conclude that they have no personal control of their fiscal situation, according to ground-breaking new research from Chartered Professional Accountants of Canada (CPA Canada). While the link is intuitive, prior to this study, there was little research into the prevalence of income volatility in Canada and its correlation to financial behaviours.

A new formal memorandum of understanding (MOU) is now in place between Chartered Professional Accountants of Canada (CPA Canada) and the Institute of Chartered Accountants of Jamaica (ICAJ).

As business moves into the information age, Chartered Professional Accountants need to have the digital and data skills essential to driving organizational value. To meet the growing demand for accountants skilled in these critical areas, the CPA Competency Map, which outlines the knowledge and skills required to enter the profession, now includes a greater emphasis on data analytics and information systems (DAIS).

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